Suniva Initiates Global Safeguards Petition

US Manufacturer Seeks Support to Save Solar Manufacturing Jobs

April 26, 2017 12:00 PM Eastern Daylight Time

NORCROSS, Ga.--(BUSINESS WIRE)--Suniva,
Inc., today filed a petition for global safeguards under Section
201-202 of the Trade Act of 1974, designed to protect American jobs in
the rapidly deteriorating U.S. solar manufacturing industry.

This action comes as U.S. solar manufacturers face serious injury from
the ongoing and increasing influx of foreign imports, which continue to
drive down domestic prices. Since 2013, when the U.S. Government
instituted anti-dumping and countervailing duties against manufacturers
in certain countries, manufacturing has expanded to other countries,
particularly in Asia, and increasing imports fueled by a growing global
manufacturing overcapacity have caused U.S. market prices to fall to
levels that challenge responsible economic operations for U.S.
manufacturers. The resulting faltering economics have led to dramatic
job losses throughout the manufacturing industry, impacting workers in
multiple companies over the last 12 months.

“The modern wave of solar technology was born from research in U.S.
universities, industry and government, and U.S. manufacturers led the
way in the commercialization of these technologies – and yet today, we
stand fighting for the survival of jobs in an industry that the U.S.
created,” said Matt Card, Suniva’s Executive Vice President of
Commercial Operations. “Without today’s requested global safeguard, the
U.S. solar manufacturing industry will die and we will not only lose
solar manufacturing jobs today, but also those future jobs that
will come from investing in the solar manufacturing industry of tomorrow.”

About Suniva

Suniva® is the leading U.S.-born, U.S.-operated manufacturer of
high-efficiency crystalline silicon photovoltaic (PV) solar cells and
high-power solar modules. The company is known for its high-quality
products, industry-leading technology, reliable performance, and high
power density. Headquartered in metro-Atlanta, with manufacturing
facilities in Georgia and Michigan, Suniva sells its advanced PV
products globally. suniva.com